DEADSHIP AND OTHER SERVICES Sample Clauses

DEADSHIP AND OTHER SERVICES. Rates for Deadship moves and for all other services not covered by the above rates, will be furnished upon request. For all services rendered to Deadships, XXXXX and OWNERS agree as follows:
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DEADSHIP AND OTHER SERVICES. Rates for Deadship moves and for all other Tug Services not covered by the above rates will be charged at double the applicable rate set forth in the Schedule. This rate is not discountable. For all Tug Services rendered to Deadships, XXXXX and OWNERS agree as follows: a. In consideration of the uncertain towage characteristics of a Deadship and of XXXXX’x agreement to furnish Tug Services to said Deadship hereunder, OWNERS agree (i) to maintain hull and machinery insurance in an amount at least equal to the full value of the Deadship, (ii) to maintain full form protection and indemnity insurance in an amount not less than one hundred million dollars ($100,000,000.00) and (iii) to name Tug Interests as named assureds or joint members (as applicable) with waiver of subrogation in favor of said Tug Interests in all said policies. OWNERS shall be solely responsible for any deductibles maintained with respect to said insurances. OWNERS shall provide to XXXXX proper evidence of such insurance prior to commencement of a Deadship move, but the failure to do so shall not operate as a waiver by the Tug Interests of OWNERs’ obligation to procure and maintain insurance as described herein, and OWNERS agree that they shall be treated as being self-insured for any shortfall in coverage. For an absence of doubt, it is the express intent of the parties in this subparagraph 12(a) to extend to Tug Interests, as primary cover for any liability arising out of performance of Tug Services hereunder to a Deadship for which Tug Interests may be liable, the enumerated insurances maintained (or to be maintained) by OWNERS with respect to the Vessel assisted. b. The Limitation of Liability terms set forth in Section 17 shall apply to all Tug Services rendered to Deadships. c. OWNERS shall make all necessary arrangements to employ a master and, if required or deemed advisable, a duly licensed pilot to serve aboard the Deadship, and to direct the navigation of the flotilla. In the event that OWNERS utilize a pilot, the pilot shall be deemed the borrowed servant of the Deadship assisted and her owner or operator for all purposes and in every respect, his services while so engaged being the work of the Deadship assisted, her owner and operator, and being subject to the exclusive supervision and control of the Deadship’s master or OWNERS’ other command personnel aboard. XXXXX’x Tugs will use reasonable care to act at all times in accordance with the direction of OWNERS’ pilot, master or...
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DEADSHIP AND OTHER SERVICES. Rates for deadship moves and for all other services not covered by the above rates, will be furnished upon request. For all services rendered to deadships, XXXXX and OWNERS agree as follows: a. As used in this Contract, a “deadship” is a vessel that does not have use of propelling power or steering at the commencement of any services rendered hereunder. b. In consideration of the uncertain towage characteristics of a deadship and of XXXXX’x agreement to furnish tug services to said deadship hereunder, OWNERS agree (i) to maintain hull and machinery insurance in an amount at least equal to the full value of the deadship, (ii) to maintain full form protection and indemnity insurance in an amount not less than one hundred million dollars ($100,000,000.00) and (iii) to name Tug Interests (as hereinafter defined) as named assureds or joint members (as applicable) with waiver of subrogation in favor of said assureds in all said policies. OWNERS shall be responsible to Tug Interests for any deductibles maintained with respect to said insurances. OWNERS further agree to provide to XXXXX proper evidence of such insurance prior to commencement of a deadship move. For an absence of doubt, it is the intent of this subparagraph 9
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DEADSHIP AND OTHER SERVICES. Prices for Tug Services rendered in connection with dead ship tow, salvage, ocean towing, Vessels aground or in distress, and when services are performed during heightened Coast Guard port conditions, will be separately quoted upon request. These Tug Services, or Tug Services not otherwise covered by this Contract, may be governed by the terms and conditions of a BIMCO Contract or such other contract as may be agreed by the parties. However, in all such cases, all terms and conditions contained in this Contract shall apply to all matters and issues where any such BIMCO Contract or other contract is silent.
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Related to DEADSHIP AND OTHER SERVICES

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  • Administrative and Other Services (a) Subadviser will, at its expense, furnish (i) all necessary investment and management facilities, including salaries of personnel required for it to execute its duties faithfully, and (ii) administrative facilities, including bookkeeping, clerical personnel and equipment necessary for the efficient conduct of the investment affairs of the Fund (excluding determination of net asset values and shareholder accounting services). (b) Subadviser will maintain all accounts, books and records with respect to the Fund as are required of an investment adviser of a registered investment company pursuant to the Investment Company Act and the rules thereunder. Subadviser agrees that such records are the property of the Trust, and will be surrendered to the Trust promptly upon request. The Manager shall be granted reasonable access to the records and documents in Subadviser’s possession relating to the Funds. (c) Subadviser shall provide such information as is necessary to enable Manager to prepare and update the Trust’s registration statement (and any supplement thereto) and the Fund’s financial statements. Subadviser understands that the Trust and Manager will rely on such information in the preparation of the Trust’s registration statement and the Fund’s financial statements, and hereby covenants that any such information approved by Subadviser expressly for use in such registration and/or financial statements shall be true and complete in all material respects. (d) Subadviser will vote the Fund’s investment securities in the manner in which Subadviser believes to be in the best interests of the Fund, and shall review its proxy voting activities on a periodic basis with the Trustees.

  • Stamp and other duties The Borrowers shall pay all stamp, documentary, registration or other like duties or taxes (including any duties or taxes payable by any of the Creditors) imposed on or in connection with any of the Underlying Documents, the Security Documents or the Loan and shall indemnify the Creditors or any of them against any liability arising by reason of any delay or omission by the Borrowers to pay such duties or taxes.

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  • Servicing and Other Compensation The Servicer, as compensation for its activities hereunder, shall be entitled to receive, on or prior to each Distribution Date, the amounts provided for as the Servicing Fee and as reimbursement for Nonrecoverable Advances, Servicing Advances and reimbursement for Advances, all as specified by Section 5.09. The amount of compensation or reimbursement provided for shall be accounted for on a Mortgage Loan-by-Mortgage Loan basis. Additional servicing compensation in the form of assumption fees, prepayment fees and late payment charges shall be retained by the Servicer, to the extent permitted by applicable law. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder (including the fees and expenses of the Trustee and any Sub-Servicer) and shall not be entitled to reimbursement therefor except as specifically provided in Sections 5.09 and 5.21.

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